Budget 2023: Healthcare tech industry body seeks cut in customs duty, removal of health cess on medical devices

MTaI Chairman and Director General Pavan Choudary said the customs duties and taxes levied on medical devices in India are one of the highest in the world and highest among the neighbouring countries which directly impacts patients' affordability. "As the preparation for the Union Budget 2023 gets underway, we expect a correction in the customs duties and taxes levied on medical devices," Choudary said.

from Healthcare/Biotech-Industry-Economic Times https://ift.tt/A7LiDro
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